Latin America

Latin America
Saturday, May 16th 2009 - 13:19 UTC

Chilean Patagonia provides few bright spots of economic activity

Puerto Montt port

The southern tip of the Chilean Patagonia provided most of the few bright spots in the Chilean government’s latest Index of Regional Economic Activity (INACER), published this week by the National Statistical Institute.

Friday, May 15th 2009 - 11:25 UTC

Bolivia says relations with Peru are at “high risk”

Pte. Evo Morales & Pte. Alan Garcia

Bolivia's president said relations with Peru are at “high risk” after the neighbouring nation gave refuge to two more former Bolivian officials accused in the 2003 army killings of dozens of protesters.

Friday, May 15th 2009 - 11:21 UTC

Colombia’s Uribe closer to the second “re-election of his ideas”

President Alvaro Uribe

Colombia's senate has delayed a vote on scheduling a referendum that could let President Alvaro Uribe seek a third term. Lawmakers had been expected to vote Wednesday but the body put off consideration of the measure until May 19 for lack of quorum.

Friday, May 15th 2009 - 02:55 UTC

Per capita meat consumption in Chile increases 26% in ten years

Chileans consumed 81.3 kilos of meat per capita in 2008, 26% more meat than they did 10 years ago, according to a study recently published by the country’s Office of Studies and Agrarian Policy (ODEPA) of the Ministry of Agriculture.

Thursday, May 14th 2009 - 12:11 UTC

Chile’s Central bank slashes growth estimate

Chile's economy could shrink by as much as 0.75 percent this year, its first annual contraction in a decade, as the global crisis hits consumer spending and investment, the Central Bank announced on Wednesday. The bank slashed its 2009 GDP forecast to a range between a 0.75% contraction and a 0.25% expansion.

Thursday, May 14th 2009 - 09:56 UTC

Peru inaugurates largest and most modern air cargo hub

Peru's president Alan García officially opened this week Lima Cargo City, considered the most modern air freight logistics centre in Latinamerica, built with an investment of more than 35 million US dollars.

Thursday, May 14th 2009 - 08:44 UTC

LAN’s passenger traffic up 20% in April; cargo down 25.4%

Chile's leading airline LAN reported this week its passenger traffic rose 19.9% in April, compared with a year earlier, but cargo traffic decreased by 25.4% as Latinamerican trade slowed due to the global economic crisis.

Thursday, May 14th 2009 - 03:33 UTC

Chilean president invited to the White House June 23

President Michelle Bachelet  and her counterpart Barack Obama during the recent Summit of the Americas

Chilean president Michelle Bachelet will be meeting with President Barak Obama at the White House next June 23, it was announced in Santiago. This will be the second meeting of the two leaders: the first was at the recent Summit of the Americas in Trinidad Tobago.

Tuesday, May 12th 2009 - 06:28 UTC

Chilean Patagonia Torres del Paine Park celebrates 50th anniversary

The world famous Torres del Paine national park in Chilean Patagonia is celebrating its fiftieth anniversary and Chilean officials are lobbying to have the region declared humanity wildlife heritage.

Tuesday, May 12th 2009 - 05:36 UTC

Venezuelan president warns media about “hate messages”

Hugo  Chavez: “Enough is enough, they’ve gone too far.”

Venezuelan president Hugo Chavez warned he will take strong action against all media involved in the spread of “hate messages, trampling with the truth or promoting war”.

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